A bipartisan housing bill that includes a ban on central bank digital currency (CBDC) in the United States is set to go into effect as President Donald Trump approaches its signing date.
Just after midnight on Friday, the 21st Century ROAD to Housing Act will be in Trump’s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or signature. Under the U.S. Constitution, the legislation will automatically become law without action by Trump, who canceled the June 24 signing ceremony.
In a Friday social media post, Trump confirmed that he would not sign the housing bill, calling Republicans in Congress who voted on the bill “stupid” and insisting that the Senate instead prioritize the controversial voting bill, the SAVE America Act. The legislation, which would require people to present proof of U.S. citizenship in person to register, has faced widespread criticism due to claims that it would disenfranchise citizens already eligible to vote.
Source: Donald Trump
The housing bill, passed by the House and Senate in June with support from Democrats and Republicans, included language prohibiting the Federal Reserve from issuing or creating a CBDC “or any digital asset that is substantially similar” until December 31, 2030. Many analysts viewed the digital dollar ban as a political giveaway intended to gain Republican support. Trump did not address the CBDC ban in his Friday post.
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“[H]“We refuse to sign the biggest housing bill in 30 years.” he said Senator Elizabeth Warren, who co-sponsored the bill, regarding Trump’s actions. “Good news: It will become law anyway.”
Could Trump’s passivity also affect the structure of the cryptocurrency market?
Although the US president stated in May that he intended to “future-proof” digital asset regulation, his refusal to sign legislation unrelated to the SAVE America Act has raised questions about whether the Digital Asset Market Clarity (CLARITY) bill pending in the Senate could end up in a similar situation to the housing bill.
The CLARITY Act, considered by many to be one of the most critical pieces of legislation affecting the regulation of digital assets, has already passed the House and two key Senate committees. Republican leaders in Congress expect the bill to go to the full chamber for a vote in July when lawmakers return on Monday from stints at the state level.
Trump’s ties to the crypto industry have already complicated discussions between Democrats and Republicans over the Market Structure Act. The president revealed that he made more than $1.4 billion in 2025 from his crypto ventures, including memecoin and his family’s World Liberty Financial platform.
Warehouse: The Crypto CLARITY Act faces a partisan ethics fight in the Senate
